Marazzo has generated a lot of interest among buyers with its bold and aerodynamic design, smooth ride, agile handling, luxurious space for up to 8 people, quietest cabin and industry-first surround cool technology.

Automobili Pininfarina will offer a range of extremely luxurious and high-performance EV cars designed and built in a close partnership with Pininfarina SpA, the legendary Italian automotive styling house.

To be based in Europe, Automobili Pininfarina will combine its automotive design prowess with Mahindra's growing electric vehicle expertise gained from its participation in the Formula E electric racing car championship

In fact, segment leaders like Maruti Suzuki, Tata Motors and Hero MotoCorp have reported de-growth of 34.3 per cent, 45 per cent and 20 per cent, respectively giving a clear indication of a prolonged slowdown in the sector.